Former Top China Securities Regulator Yi Huiman Under Graft Probe
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Yi Huiman, who until early last year chaired China’s top securities watchdog, is under investigation for suspected corruption, according to the country’s top graft-buster.
The Central Commission for Discipline Inspection announced the probe Saturday, one year and seven months after Yi stepped down as chairman of the China Securities Regulatory Commission (CSRC).
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What Happened When
- 1984：
- Yi Huiman began his career at the People’s Bank of China.
- 1985：
- Yi Huiman moved to Industrial and Commercial Bank of China Ltd. (ICBC).
- 2016：
- Yi Huiman became chairman of ICBC.
- 2019：
- Yi Huiman was appointed to lead the China Securities Regulatory Commission (CSRC), and the Shanghai Stock Exchange’s STAR Market was launched under his supervision.
- 2021：
- The Beijing Stock Exchange was established during Yi’s tenure at CSRC.
- 2022：
- China and U.S. regulators reached a cross-border audit cooperation agreement allowing U.S. officials to review audit working papers of U.S.-listed Chinese companies.
- Before February 2024：
- Rumors about Yi Huiman’s investigation circulated for over a year before the official announcement.
- February 2024：
- Yi Huiman stepped down as chairman of the CSRC.
- 2024：
- Early in the year, Yi Huiman was no longer chairman of China’s top securities regulator.
- June 2024：
- Yi Huiman was appointed deputy director of the economic committee of the CPPCC National Committee.
- 2025-09-06：
- The Central Commission for Discipline Inspection announced an official investigation into Yi Huiman for suspected corruption.
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